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As the Chinese currency is not freely convertible under the capital account, the central bank has to purchase foreign currency generated by a trade surplus and foreign investment in the country, adding funds to the money market.

As the spokeswoman of the city, Xu, who appeared with a livestreaming host, set a record, with 5 million yuan in sales in six hours.

As the country opened up on the scope of business for foreign banks, Citi China's areas of business have gradually expanded over the past few decades from foreign currency-denominated business to renminbi business, and from large corporates to small-and medium-sized enterprises and consumer banking. In 2007, the bank was one of the first to become a locally incorporated bank with comprehensive functions.

As the governor of a US state whose economy is mainly driven by agriculture industry, Branstad noted that almost one out of every two rows of Iowa soybeans is sent to China, as well as 33.5 million US dollars in pork in 2016.

As the son of a veteran hydrological monitor, Hui was a regular visitor to his father's station. He remembers that the monitoring procedure was so dangerous that people regularly fell into the river while operating the equipment.